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Tag: United States

Global timber market review #22/23-2016

31 December 2016 ` 22:21  
- Latvijas Finieris Group opens a new birch plywood mill in Kohila (Estonia), launching products with RIGA logo there, Fordaq reported. After two investment phases worth €80 million in total, a world-class birch plywood mill has been created:...

Global timber market review #20-2016

22 November 2016 ` 02:40  
- According to ITTO, the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion. Recently written notices were received from shipping companies and agents that the prices for ocean shipping from...

Global timber market review #18-2016

17 October 2016 ` 18:08  
- Austria-based timber group Binderholz is positioning itself to make greater inroads in the UK’s sawn and planed softwood market following the formation of a new UK division, TTJ reported. The company is looking to sell the products...

Global timber market review #17-2016

3 October 2016 ` 11:18  
- Despite many talks regarding the renewal of the softwood lumber agreement between the US and Canada, the two sides aren’t close enough on numerous key issues. Martin Moen, the Canadian chief negotiator in the softwood lumber talks...

Global timber market review #9-2016

27 May 2016 ` 11:34  
- On May 1, insolvency proceedings on the bankrupt German Pellets Group were opened. The company is now managed by insolvency administrator, and its mills are gradually acquired by various investors. - A trial is underway at the...

Global timber market review #7/8-2016

11 May 2016 ` 22:36  
- The Japanese government has reassessed the state of the economy and cited weakness in consumer and corporate sentiment as undermining the progress made to-date. Domestic weakness is exacerbated by uncertainty in global markets and slowdown in emerging...

Global timber market review #6-2016

7 April 2016 ` 18:19  
- A new deal is being negotiated for sawn softwood exports from Canada to the US market, after the 2006 Softwood Lumber Agreement expired last October, ITTO reported. The US president and Canadian prime minister announced at a...

Global timber market review #4-2016

10 March 2016 ` 01:34  
- According to rough estimations published by ITTO, log imports from the North America to Japan in 2015 were 2.444 million m3, 19.8% less than in 2014, which is the second annual decline in a row. Based on...

Global timber market review #9-2015

4 June 2015 ` 00:21  
– Japan housing starts recovered unexpectedly in March, ITTO reported, +0.7% in March from last year, confounding expectations for a fall of 1.9 percent. – Finnish sawmilling company Keitele Wood Products Oy is completing a new 70,000 m3...

Global timber market review #7-2015

20 April 2015 ` 15:52  
– Ukrainian parliament (Verkhovha Rada) has imposed a 10-year ban on unprocessed log exports. – Despite the decline in domestic consumption by 11%, Sweden’s wood pellet production increased by 4% in 2014, mainly due to increased exports. –...

Global timber market review #6-2015

7 April 2015 ` 14:23  
– American woodworking equipment producer USNR announced that it has acquired Söderhamn Eriksson (Sweden). – Raute Corporation will supply plywood equipment for the veneer mill of Latvijas Finieris Group in Kohila, Estonia. – Stora Enso plans to rationalise...

Global timber market review #5-2015

27 March 2015 ` 10:22  
– Lumber prices declined for much of the fall of 2014 in both Sweden and Finland, because the export market weakened in the second half of the year, WRQ reports – According to ITTO, January housing starts in...